End of a slump? After five successive days of depreciation, EUR/CAD was up 40 pips yesterday

Yesterday at a glance: EUR/CAD closed yesterday at 1.4581 (with a daily low of 1.4517) after ending Thursday at 1.4541 and gaining 0.28%.

EUR/CAD is currently trading at 1.4581 following the release of ECB President Lagarde speech data from the Euro Zone.

This move comes while some more positive signs for EUR/CAD are out as Canada Core Retail Sales came out at -0.3%, better than analyst estimates of -0.8% and improving upon the previous reading of -0.7%.

Meanwhile, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 187,100, while the previous figure was 179,400. Fresh Retail Sales data released in Canada matched analyst forecasts with a reading of -1.4% — a backwards step from its previous reading of -0.2%.

Other currencies are also rising as NZD/USD is trading around 0.6289 after ending yesterday's session at 0.6229 (up 0.97% today).

Meanwhile, after ending yesterday's session at 0.9052, USD/CHF lost 61 pips and is trading around 0.899. USD/JPY lost 0.56% yesterday and closed at 138.66.

Furthermore, the market is looking at Germany Buba Balz speech is scheduled today at 01:00 UTC.

EUR/CAD is now trading 3.61% away from its significant high of 1.5086 first tested 17 days ago.